City of Toronto officials have been looking to increase the residential density along a key stretch of Adelaide Street West for several years. After numerous plans and proposals, a winner has emerged with 263 Adelaide Condos, a stunning high-rise project that will incorporate heritage structures into a breathtaking new skyscraper. The plan for these new Entertainment District condos, forwarded by Storey Living, calls for a luxury development with strong appeal to investors looking for high-profile, high-growth opportunities and professionals who work in Toronto’s downtown core.
|Project Name||263 Adelaide Condos|
|Location||263 Adelaide Street West, Toronto, Ontario|
|Development Team||Storey Living|
|Number of Storeys||353|
|Number of Units||TBA|
|Sales Status||Coming Soon|
263 Adelaide Condos: Project Overview
The current 263 Adelaide Condos proposal will restore and refurbish the heritage Purman Building, which opened as a warehouse in 1915 and has since become an office building. Developers will preserve the structure’s iconic facade and incorporate it into these new downtown Toronto condos as a low-rise podium base.
Up above, 263 Adelaide Condos will ascend to a 47-storey peak, with ingenious design solutions minimizing its impact on surrounding buildings. It will also use a distinctive wave pattern, which will create a dramatic backdrop that will alternate light and shadow. This bold, attention-grabbing design is ideal for new condos in Toronto’s Entertainment District, a thriving quarter alive day and night with youthful energy.
The building’s residential components are expected to include:
- 353 residential suites
- 12 rental replacement units (included in the total count), which will be live/work units in a variety of one-bedroom and multi-bedroom layouts
- Five levels of underground parking
- A bicycle parking bay on the podium’s second floor
Plans also call for mixed-use features, including street-level retail and restaurant space as well as commercial space to replace the site’s existing offices. While details about the residential amenities at 263 Adelaide Condos are still forthcoming, Storey Living is well-known for outfitting its properties with thoughtful, desirable, high-end entertainment, community, and health and wellness features.
These new downtown Toronto condos will be situated at 263 Adelaide Street West, near John Street between University Avenue and Spadina Avenue. Part of Toronto’s dynamic and energetic Entertainment District, this location will put residents within walking distance of dozens of major attractions, destinations, and points of interest.
Neighbourhood highlights include:
- TIFF Bell Lightbox & Scotiabank Theatre
- The bars, pubs, and nightclubs of Clubland and the Entertainment District
- Steps to fantastic shopping on Queen Street West and the Eaton Centre
- Iconic cultural venues like the Royal Alexandria Theatre and Princess of Wales Theatre
- Walking distance to the University of Toronto, Ryerson University, and Financial District
Downtown Toronto boasts one of the world’s best food scenes, and a short walk in any direction will reveal endless options. A comprehensive collection of shops, stores, and services will see to your everyday needs, and the location also boasts a perfect 100/100 Transit Score.
Your options for getting around the city from 263 Adelaide Condos include:
- 24-hour streetcars on King Street (east-west), Queen Street (east-west), and Spadina Avenue (north-south)
- TTC subway service from St. Andrew station, which is about five minutes away
- For drivers, the Gardiner Expressway and Lake Shore Boulevard are only a few blocks south
You’ll love life at these stunning new downtown Toronto condos, as they’re in the literal centre of all the action.
263 Adelaide Condos Will Become a Neighbourhood Landmark
With its bold exterior styling, creative lighting displays, and mixed-use profile, 263 Adelaide Condos is shaping up to become a future downtown landmark. New condos in Toronto’s Entertainment District rarely hold this much promise, and the number of available suites is relatively small considering the building’s tall profile.
You won’t want to miss your chance to own or invest in 263 Adelaide Condos. Interest is already heating up, and this project is attracting major attention from buyers and industry observers alike.
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